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Tag: Navistar transition
Business
Navistar loses $247 million in Q3, cuts 500 employees from workforce
Navistar’s efforts to restore the company’s profitability took a logical yet unenviable turn Tuesday as the company announced plans to trim its workforce by 500 employees. The cuts were announced as part of Navistar’s earnings report Tuesday morning, where the company reported a third quarter 2013 net loss of $247 million—down significantly from a net […]
September 4, 2013
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